Business

Russian President Vladimir Putin attends a meeting with local officials in Voronezh, Russia, Tuesday, Aug. 5, 2014. Putin says he has ordered the government to develop measures in response to Western sanctions. In a meeting with state officials in the city of Voronezh on Tuesday, did not specify what the measures might be but said: "I have given the order today to formulate them," Russian news agencies reported. (AP Photo/RIA-Novosti, Alexei Druzhinin, Presidential Press Service)

MOSCOW - President Vladimir Putin has ordered government agencies to restrict imports of food and agricultural products from the countries that have imposed sanctions against Russia.

The text of Putin's decree released by the Kremlin on Wednesday says that such imports will be "banned or limited" for one year. The decree doesn't name any specific countries or products, but contains an order to government agencies to spell them out.

The move follows the latest round of sanctions against Russia imposed by the European Union last week, which for the first time targeted entire sectors of Russian economy.